Post Utme Achievers University 2023 Accounting Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2023 Accounting Objective / Multiple Choice
Question 10 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A government agency has the following transactions: January 1, 2023, received ₦100,000 in cash; January 15, 2023, spent ₦50,000 on office supplies; February 1, 2023, received ₦20,000 in cash. What is the total amount of assets?

Answer Options

A. ₦70,000
B. ₦80,000
C. ₦90,000
Correct Answer D. ₦100,000
Correct Answer
D
Correct Option:
₦100,000

About This Question

This is Post Utme Achievers University 2023 Accounting Question 10. It is one of the objective questions from the 2023 Post Utme Achievers University Accounting examination.

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